BMO upgrades Centerra Gold to 'outperform'
ReutersJan 21, 2026 12:54 PM
BMO Capital Markets upgrades shares of Canadian gold miner Centerra Gold CG.TO to "outperform" from "marketperform"; raises PT to C$32 from C$20
New PT represents a 28% upside to stock's last close
Brokerage upgrades rating citing improved growth outlook after CG announces the results of a preliminary economic assessment of its Kemess project
Says Kemess PEA adds a long-life asset with attractive economics and additional scale, alongside the company's Mt Milligan operations in Canada
Separately, Raymond James raises PT to C$27 from C$24.50
Six of 10 brokerages rate stock "buy", 3 "hold" and 1 "sell"; median PT is C$24 - data compiled by LSEG
In 2025, CG rose 141.5%
($1 = 1.3809 Canadian dollars)
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